Polaris Inc. : Good timing to anticipate a continuation of the trend

06/09/2021 | 03:54am EDT

Tommy Douziech

long trade Stop-loss triggered

Entry price : 125.37$ | Target : 140.45$ | Stop-loss : 119.29$ | Potential : 12.03%

Polaris Inc. shares show a positive technical situation which suggests a continuation of the upward dynamic over the medium term. Investors have an opportunity to buy the stock and target the $ 140.45.

Summary

• The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
• In a short-term perspective, the company has interesting fundamentals.

Strengths

• As regards fundamentals, the enterprise value to sales ratio is at 1.01 for the current period. Therefore, the company is undervalued.
• Over the last twelve months, the sales forecast has been frequently revised upwards.
• Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
• For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
• Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
• The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
• Considering the small differences between the analysts' various estimates, the group's business visibility is good.

Weaknesses

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